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New funding mechanism should training on track.

Publication: Mississippi Business Journal
Publication Date: 25-JUL-05 		Format: Online
Delivery: Immediate Online Access
Full Article Title: New funding mechanism should training on track.(Education, HR & Workforce Training)(funding for workforce training programs in the state)

Article Excerpt
In the past several years, education proponents have struggled to maintain a decent funding level for the state's workforce development training projects.

Thanks to legislation passed by Mississippi lawmakers this spring, a pot of $20 million was created to fund workforce training programs at the state's 15 community colleges. "We usually have $11 or $12 million to spend in project money, and now we have $23 million to work with for the upcoming year," said Dr. Wayne Stonecypher, executive director of the State Board for Community and Junior Colleges.

Jay Moon, president of the Mississippi Manufacturers Association, said the new funding mechanism was developed as an alternative source of funding for workforce training "rather than relying on the amount of money...

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